UBS OCONNOR LLC

UBS O’Connor LLC is a private hedge fund sponsor based out of Chicago, Illinois. The company was established in 2000 and has grown from its inception to now have locations in Stamford and New York City. UBS O’Connor is headed by CIO and Managing Director Dawn Nora Fitzpatrick and has grown from its inception to now have 161 employees of which 66 are investment professionals. The company operates as a subsidiary of UBS AG, its parent company. UBS O’Connor conducts its research both internally and externally, utilizing a fundamental and quantitative methodology with both top down and bottom up investment approaches. The company utilizes a variety of global long short, merger and convertible arbitrage, and credit long short strategies to make its investment decisions, allocating its assets across fixed income, public equity, alternative, and real estate markets on a global scale. UBS O’Connor invests most heavily in the consumer discretionary sector, which alone makes up over a fifth of its total asset allocations, and also invests in the information technology, consumer staples, health care, materials, energy, finance, and industrials sectors, among others to a lesser degree, in order of decreasing allocation. The firm’s top 10 holdings together make up over a fifth of its total asset allocations, and the company has a relatively high turnover rate of approximately 81.8%. The company currently holds over $13 billion in total assets under management spread across 23 accounts, all of which are discretionary accounts. Although UBS O’Connor’s total number of managed accounts has been decreasing in recent years, its total amount of managed assets has been increasing, growing significantly from $5.1 billion back in 2010 to well over twice that amount today despite some volatility. The company mainly caters to pooled investment vehicles, which alone makes up over three quarters of its entire client base, and also provides services to investment companies.